Ngaphakathi kwemakethe yamasheya yaseSpain, amasheya amabili ashisa kakhulu yilawo amele umkhakha wensimbi: i-Arcelor ne-Acerinox. Lokhu kuyiqiniso ikakhulukazi ngoba zombili izinkampani zibhekene kakhulu nempi yamanje yamanani yale nto eluhlaza. Ngale ndlela, zibonisa ukuguquguquka okuphezulu kunokwamasheya aqukethe inkomba yokulinganisa ye-Spanish stock exchange, i-Ibex 35. Kunoma ikuphi, lezi yizinketho ezimbili okufanele uzicabangele ezinsukwini ezizayo, njengoba zinikeza amandla amakhulu okukhulisa. Kodwa-ke, lezi akuzona izinkokhelo ezingenabungozi ngenxa yezici ezihlukile zamasheya womabili.
Bobabili i-Arcelor ne-Acerinox balandelwa eduze yinani elikhulu labatshalizimali abancane nabaphakathi abalinganisa ukuthi amanani abo amasheya angase asebenze kanjani kulo nyaka. Ngenxa yokuthi basebenza emkhakheni ojikeleza kakhulu, bangazuza ekukhuleni komnotho womhlaba . Ezimweni ezinjalo, bavame ukusebenza kangcono kakhulu kunezinye izabelo. Kodwa-ke, ngesikhathi sokwehla komnotho, kunconywa ukuthi kuqashelwe kakhulu, njengoba ukusebenza kwabo kubi kakhulu, kanye nokwehla okukhulu okungabangela izinkinga ezinkulu emnothweni wakho.
Abahlaziyi bezezimali abaningana bakholelwa ukuthi izinto zokusetshenziswa zizoqhubeka nokusebenza kahle . Kulokhu, i-Arcelor ne-Acerinox zingazuza ekuthuthukisweni kwemizwa yemakethe. Ngakolunye uhlangothi, kubalulekile futhi ukukhumbula ukuthi eminyakeni ezayo, lezi zinkampani ezimbili zisengozini enkulu yempi yamanani. Zinengozi enkulu kunezinye izitoko ezingachayeki kulokhu kushintshashintsha kwemakethe. Kodwa-ke, umbuzo omkhulu ukuthi iyiphi kulezi zinkampani ezimbili okufanele zitshale imali kuzo kusukela manje kuqhubeke.
I-Arcelor ne-Acerinox: ukulungiswa
Okuye kwahlukanisa iminikelo yemakethe yamasheya kulezi zinsuku zamuva ukwehla okukhulu kwamanani amasheya azo. Kwezinye izimo, lokhu kungabonakala njengengozi eyengeziwe yokuvula izikhundla kulezi zitoko. Kwezinye, kumelela ithuba lokuthenga langempela, kodwa ngamanani ancintisana kakhulu kunangaphambili. Ngenkathi lezi zinkampani ezimbili zinomehluko wazo, zabelana ngokufana okufanayo emananini azo amasheya futhi, mhlawumbe, ngisho nasemabhizinisini azo, afana cishe.
Ngalo mqondo, uma uzimisele ukuthatha ingozi, kungaba ngumqondo omuhle kakhulu ukusizakala ngalokhu kwehla. Kodwa-ke, i-Acerinox ingaba nesimo esivulekile kakhulu sokuthuthukisa imisebenzi yakho yemakethe yamasheya ezinsukwini ezizayo. Eqinisweni, inikeza isithombe sobuchwepheshe esichazwe kakhulu kune-Arcelor. Kunoma ikuphi, futhi ngokuhlonipha lesi seluleko, kungashiwo ukuthi esikhathini esiphakathi nesikhathi eside, kokubili kuyithuba elihle lokutshala imali. Kuningi ongakuzuza kuzo zombili lezi zinhlelo, futhi umvuzo ongaba khona ungakushukumisela ukuthi uthathe ingozi ehilelekile ekuqaliseni lezi zinyathelo ngalesi sikhathi.
Izindawo ezehlukene ngokwendawo
Uma kuhlaziywa ukuthi iyiphi yezinkampani ezimbili ezibalwe ohlwini ezwela kakhulu ekukhuliseni imisebenzi yakho yamasheya, ulwazi olulodwa lubaluleke kakhulu: imvelaphi yemigqa yabo yebhizinisi. Kulokhu, i-Acerinox imele kakhulu intshisekelo kazwelonke ekukhiqizweni kwensimbi futhi ivezwe kakhulu ezinyakazweni ezithile emnothweni waseSpain, enobudlelwano obuqondile kakhulu nokusebenza kwazo zonke izinkomba zemakethe yamasheya kazwelonke. Ngakho-ke, ungaqiniseka ukuthi ukwehluka kwazo kuncane kakhulu.
Ngakolunye uhlangothi, umenzi wensimbi i-Arcelor uchayeke kakhulu ezimweni zomhlaba wonke, njengoba ingenye yezinkampani ezinkulu kakhulu kulo mkhakha. Ikhona kakhulu kokubili e-European Union nakwezinye izindawo ezibalulekile zezwe njengeShayina . Kusukela kulo mbono, babonisa amamodeli ahlukene okuphatha futhi, mhlawumbe, amamodeli ahlukene okutshalwa kwezimali. Nakuba umongo webhizinisi labo ucishe ufane, futhi akukho mehluko obalulekile ngaphandle kwezinqubo zabo zamanani.
Umongo ojwayelekile wezikhwama
Ukuze sikusize unqume phakathi kwenkampani eyodwa yensimbi noma enye, kufanelekile ukuhlaziya umongo wemakethe iyonke. Lokhu kuzokusiza ukuthi wenze ukukhetha okunolwazi oluthe xaxa futhi, ngaphezu kwakho konke, uvikele ukutshalwa kwezimali kwakho okungenzeka ezimakethe zezimali. Kulokhu, kungenzeka ukuthi imakethe yamasheya iye yehla esikhathini esifushane futhi ukubuya okuqhubekayo kungavela ezinsukwini ezizayo. Uma lesi simo siqhubeka, bobabili i-Arcelor ne-Acerinox bangase bathenge izinketho. Kodwa-ke, i-Arcelor ingaba nekhono elikhulu lokukhuphuka ngenxa yezici zayo ezihlukile.
Ngakolunye uhlangothi, kuzoba mnandi kakhulu ukubona ukuthi kuzokwenzekani kuzo zombili izitokwe lapho izinkomba zifinyelela ezingeni elithile eliphezulu. Leso kuzoba yisikhathi lapho kufanele unqume ukuthi uzovala yini izikhundla zakho noma uzame ukuthuthukisa inzuzo. Nakuba lo msebenzi ungabiza kakhulu, njengoba ukwehla kwalezi zinhlobo zamasheya ajikelezayo kakhulu kuphakeme kakhulu, kuze kube seqophelweni lokuthi ungalahlekelwa yimali eningi. Kunoma ikuphi, kuyingozi okufanele uyithathe nalezi zinkampani ezimbili emkhakheni wensimbi onamandla.
Okumangazayo okuphezulu kokubheka
Ngokusho kwezibikezelo ezivela kubahlaziyi bezimakethe zezimali abadumile kakhulu, kukhona into eyodwa i-Arcelor ne-Acerinox abavumelana ngayo: banamandla amakhulu okukhulisa inzuzo. Lokhu kungaba kusuka ku-8% kuya cishe ku-20% , futhi kunoma yikuphi, kuphakeme kunezinye izitoko ezinkulu emakethe yamasheya kazwelonke nakwamanye amazwe. Ngalo mqondo, kuyiqiniso ukuthi unokuningi ongakuzuza kunokulahlekelwa. Kodwa-ke, kufanele uhlale uqaphile kakhulu kunoma yikuphi ukuthengiselana okwenzayo kusukela manje kuya phambili.
Kodwa-ke, iqiniso lokuthi lokhu kunyuka kwamanani okungenzeka kutholakale akusho ukuthi kuzokwenzeka ezinsukwini ezizayo. Ngokuphambene nalokho, kufanele ukubheke njengepharamitha yokulinganisa , akukho okunye futhi akukho okuncane. Lesi sici singabonisa ukuthi yini ezobumba amanani esikhathi esizayo. Kusukela kulo mbono, isincomo sisobala ukuthi ukuthenga, futhi kwezinye izigaba zesitoko, ngisho nangobudlova, kusetshenziswe lesi simo sentengo.
Ukwahluka okubanzi kwamanani
Okuhlukanisa lawa masheya amabili abalulekile ezimakethe zamasheya kazwelonke nakwamanye amazwe yintengo yawo echazwe kahle kakhulu. Ngokusekelwe kulokhu, aphakathi kwamasheya akhuphuka noma ehla kakhulu esimisweni ngasinye sokuhweba, kanti izinguquko ezinkulu zamaphesenti zisondela ku-5%. Lokhu kwenza kube lula ukuhweba , okuvumela ukuthi inzuzo itholakale ngesikhathi esifushane kakhulu. Ngakho-ke, ukuhweba ngokushesha kungaba yindlela ecacile yokukhulisa imbuyiselo ekutshalweni kwemali, okusebenza njengesu elengeziwe lokuvikela izintshisekelo zakho njengomtshalizimali omncane noma ophakathi.
Lokhu kwenza la masheya amabili akhanga kakhulu ekuhwebeni kwesikhashana. Nakuba i-Arcelor ne-Acerinox zinikeza abanikazi bamasheya i-dividend, ayiphezulu kakhulu, ihlala ingaphansi kuka-3%. Lokhu kuphansi kakhulu kunembuyiselo ejwayelekile yamanye amasheya ku-Ibex 35, inkomba yokulinganisa yemakethe yamasheya yaseSpain, ecishe ibe ngu-4% . Lesi esinye isici okufanele usicabangele lapho utshala imali kulezi zinkampani zensimbi.
Ivolumu eqondayo yokuqashwa
Ngakolunye uhlangothi, lezi akuzona izinkampani ezinemali eningi emakethe; kunalokho, zingaphansi kwesilinganiso se-Ibex 35. Akumangazi-ke ukuthi azidumile kakhulu ngobuningi bokuhweba phakathi kwabathengi nabathengisi. Kodwa-ke, zinikeza uketshezi olwanele uma uhlela ukuvula izikhundla kunoma iyiphi yalezi zitoko. Ngamanye amazwi, akufanele ube nenkinga enkulu yokulungisa amanani akho okuthenga nokuthengisa , afana namanye amasheya amancane naphakathi nendawo abhalwe emakethe eqhubekayo yaseSpain.
Kunoma ikuphi, kuyindlela okufanele ufake ngayo izimali kusukela manje kuqhubeke. Ukwazi ngaso sonke isikhathi ukuthi ubungozi bokusebenza bucashile kakhulu kunezinye izinketho ezinikezwa yimakethe yamasheya kazwelonke. Lapho ukwehla kwamanani kuzoba khona unyaka wonke futhi lokho kunganquma isu ozolisebenzisa nephothifoliyo yakho. Kunoma ikuphi, yizona kuphela izinkampani ezisemkhakheni wensimbi ezifakiwe kuzinkomba zokulingana zaseSpain. Ngaphandle kokuthi kube nomkhakha walesi sigaba unjalo. Lokho wukuthi, uneziphakamiso ezimbalwa kakhulu ongakhetha kuzo uma ubheja kuleli su lokutshala imali.